News for 'state-bank'

Stock markets rally as RBI cuts rate; Sensex jumps 447 points

Stock markets rally as RBI cuts rate; Sensex jumps 447 points

Rediff.com5 Dec 2025

From the Sensex firms, State Bank of India, Bajaj Finserv, Bajaj Finance, Maruti, HCL Tech, Larsen & Toubro, Mahindra & Mahindra and Infosys were among the major winners. However, Hindustan Unilever, Eternal, Tata Motors Passenger Vehicles, and Sun Pharma were among the laggards.

Stock markets end flat in highly volatile trade

Stock markets end flat in highly volatile trade

Rediff.com28 Nov 2025

Among Sensex firms, Power Grid, Eternal, Bharti Airtel, Axis Bank and Infosys were the biggest laggards. However, Mahindra & Mahindra, Sun Pharma, Kotak Mahindra Bank and State Bank of India were among the major gainers.

RBI's policy dilemma: To look at inflation or growth for rate action

RBI's policy dilemma: To look at inflation or growth for rate action

Rediff.com26 Nov 2025

The consumer price index (CPI)-based inflation hitting an all-time low in October would encourage the six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) to cut the policy repo rate in its upcoming December 3-5 meeting. However, the July-September GDP growth, expected to be above 7 per cent, may act as a deterrent.

Sensex, Nifty close marginally lower after hitting fresh lifetime highs

Sensex, Nifty close marginally lower after hitting fresh lifetime highs

Rediff.com1 Dec 2025

Among Sensex firms, Bajaj Finance, Sun Pharma, Trent, Mahindra & Mahindra, State Bank of India and Bajaj Finserv were the major laggards. However, Tata Motors Passenger Vehicles, Maruti, Bharat Electronics, Kotak Mahindra Bank, Adani Ports and HCL Tech were among the gainers.

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

State Bank of India led MF buys in July with Rs 10,000 crore QIP bet

Rediff.com16 Aug 2025

Mutual funds (MFs) - flush with cash amid record inflows in July - invested heavily in the Rs 25,000-crore qualified institutional placement (QIP) of India's largest lender State Bank of India (SBI). Fund managers acquired SBI shares worth Rs 10,200 crore last month, making the lender their biggest buy in July.

Sensex, Nifty scale record highs on rate cut hopes

Sensex, Nifty scale record highs on rate cut hopes

Rediff.com27 Nov 2025

Among Sensex firms, Bajaj Finance, ICICI Bank, Hindustan Unilever, Bajaj Finserv, HCL Tech and HDFC Bank were the major gainers. However, Maruti, Eternal, UltraTech Cement and State Bank of India were among the laggards.

Loan growth, profitability seen improving for public sector banks

Loan growth, profitability seen improving for public sector banks

Rediff.com10 Dec 2025

The Indian banking sector could be due for a rise in profitability after several quarters of net interest margin (NIM) compression. The Q2FY26 results suggest NIMs have bottomed out.

Sensex ends down 314 points due to selling in IT and auto shares

Sensex ends down 314 points due to selling in IT and auto shares

Rediff.com25 Nov 2025

Among Sensex stocks, Tata Motors Passenger Vehicles, Trent, Infosys, Power Grid, HDFC Bank, HCL Tech, Kotak Mahindra Bank, ICICI Bank and Bajaj Finance were the major laggards. However, Bharat Electronics, State Bank of India, Tata Steel, Eternal, Bharti Airtel and Reliance Industries were the gainers.

Active banking funds fail to capitalise on PSU rally: Value Research data

Active banking funds fail to capitalise on PSU rally: Value Research data

Rediff.com29 Nov 2025

Sectoral funds, focused exclusively on public sector banks (PSBs), have delivered the strongest returns among domestic mutual fund (MF) categories over the past six months. However, active banking funds have significantly lagged because of their heavy tilt towards private lenders.

Indian Digital Payment Intelligence Corporation To Combat Fraud

Indian Digital Payment Intelligence Corporation To Combat Fraud

Rediff.com26 Nov 2025

It will enable real-time intel sharing among banks and other financial sector participants to strengthen customer protection against digital fraud.

How Indian Institutions Can Shine On Global Stage

How Indian Institutions Can Shine On Global Stage

Rediff.com5 Dec 2025

The recipe for Indian higher education institutions to succeed in the global markets is excellence in academics, promoting contemporary socially relevant material, and enabling individuals (learners) to realise their full potential, suggests N Ravichandran.

Public NBFCs eye Rs 24K cr via bonds

Public NBFCs eye Rs 24K cr via bonds

Rediff.com22 Nov 2025

Ahead of the Reserve Bank of India's (RBI's) monetary policy review in the first week of December, major public sector non-banking financial companies (NBFCs) - the National Bank for Agriculture and Rural Development (Nabard), Small Industries Development Bank of India (Sidbi), Power Finance Corporation (PFC), and Indian Railway Finance Corporation (IRFC) - plan to raise up to Rs 24,000 crore together through bond issuancesk.

Sensex, Nifty settle with modest gains

Sensex, Nifty settle with modest gains

Rediff.com14 Nov 2025

From the Sensex pack, Eternal, Bharat Electronics Ltd, Trent, Axis Bank, State Bank of India, Bajaj Finance, Sun Pharmaceuticals, Asian Paints, Adani Ports, Hindustan Unilever, Reliance Industries, ITC, PowerGrid, Tata Motors Ltd's Commercial Vehicles business, and Bajaj Finserv were the gainers. Infosys, Tata Motors Passenger Vehicles, Tata Steel, ICICI Bank, Tech Mahindra, Titan, UltraTech Cement, Maruti Suzuki India, and Larsen & Toubro were the laggards.

Sensex tanks over 519 points on foreign fund outflows

Sensex tanks over 519 points on foreign fund outflows

Rediff.com4 Nov 2025

From the Sensex firms, Power Grid, Eternal, Tata Motors, Tata Steel, Maruti and Bharat Electronics, were among the major laggards. However, Titan, Bharti Airtel, Bajaj Finance, Mahindra & Mahindra, and State Bank of India were the gainers.

DPDP to Push Up IT Costs for Banks, Firms

DPDP to Push Up IT Costs for Banks, Firms

Rediff.com25 Nov 2025

Companies, particularly those that are notified as Significant Data Fiduciaries, will have to make extensive investments in data mapping, process modification, consent management tools, tools to enable Data Principal Rights, and establish a well-structured Data Privacy Officer organisation.

Sensex jumps 319 points on buying in IT stocks

Sensex jumps 319 points on buying in IT stocks

Rediff.com10 Nov 2025

Among the Sensex firms, Infosys, HCL Technologies, Bajaj Finance, Asian Paints, Tata Motors Passenger Vehicles, Tata Consultancy Services, Bharti Airtel, Titan, Bajaj Finserv, Reliance Industries and Larsen & Toubro were the gainers. Trent Ltd, Eternal, Power Grid, UltraTech Cement, Mahindra & Mahindra, Axis Bank, State Bank of India, Adani Ports, Hindustan Unilever and NTPC were the laggards.

SBI Q2 net profit jumps 10% to Rs 20,160 cr

SBI Q2 net profit jumps 10% to Rs 20,160 cr

Rediff.com4 Nov 2025

The country's biggest lender, State Bank of India (SBI), on Tuesday reported a 10 per cent improvement in standalone profit to Rs 20,160 crore in the quarter ended September 30, 2025.

SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

SC seeks replies from Centre, CBI, ED, Anil Ambani on PIL

Rediff.com18 Nov 2025

In a significant development, the Supreme Court on Tuesday sought responses from the Centre, CBI, ED, Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the ADAG and its group companies.

Laid Off? 'Reshape, Learn, Unlearn, Relearn'

Laid Off? 'Reshape, Learn, Unlearn, Relearn'

Rediff.com12 Nov 2025

'Unless you have openness when it comes to accepting what is coming your way and learning afresh, it is not going to be easy.'

Do RERA Check Before You Buy A Home

Do RERA Check Before You Buy A Home

Rediff.com19 Nov 2025

Before booking a flat, buyers should confirm that the project is registered with the state's Rera portal.

Sensex inches up 40 points in muted trading

Sensex inches up 40 points in muted trading

Rediff.com3 Nov 2025

Among Sensex firms, Mahindra & Mahindra was the biggest gainer, gaining 1.7 per cent after the October sales data. Tata Motors Passenger Vehicles (TMPV) rose by 1.69 per cent. Eternal, State Bank of India, Bharti Airtel and Kotak Mahindra Bank were also among the major gainers.

M&A financing the new frontier for banks, but RBI's watching

M&A financing the new frontier for banks, but RBI's watching

Rediff.com26 Nov 2025

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.

Sensex drops 466 points on selling in pvt banking shares

Sensex drops 466 points on selling in pvt banking shares

Rediff.com31 Oct 2025

From the Sensex firms, Eternal, NTPC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finserv, Power Grid, Trent and HDFC Bank were among the major laggards. However, Bharat Electronics, Larsen & Toubro, Tata Consultancy Services, ITC and State Bank of India were the gainers.

India needs world-class banks; in talks with RBI, lenders: Sitharaman

India needs world-class banks; in talks with RBI, lenders: Sitharaman

Rediff.com6 Nov 2025

Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard.

India Opens Doors To Foreign Banks, But...

India Opens Doors To Foreign Banks, But...

Rediff.com12 Nov 2025

But selectively, with regulatory scrutiny and special approval, points out Tamal Bandyopadhyay.

PSBs record 9% growth in profit to Rs 49,456 cr in Q2

PSBs record 9% growth in profit to Rs 49,456 cr in Q2

Rediff.com5 Nov 2025

State Bank of India-led public sector banks posted a record cumulative profit of Rs 49,456 crore in the second quarter of the current fiscal, reflecting a 9 per cent year-on-year growth despite two lenders reporting a decline. All 12 public sector banks (PSBs) together made a profit of Rs 45,547 crore in the September quarter of FY25.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com2 Nov 2025

Quarterly earnings, macroeconomic data announcements and global trends will drive the Indian stock markets in a holiday-shortened week, analysts said. Stock markets would remain closed on Wednesday for the Guru Nanak Gurpurab holiday.

Sensex jumps 567 points amid global stocks rally

Sensex jumps 567 points amid global stocks rally

Rediff.com27 Oct 2025

Among Sensex firms, Bharti Airtel, Reliance Industries, Eternal, State Bank of India, Tata Steel and HDFC Bank were the major gainers. However, Kotak Mahindra Bank, Bharat Electronics, Infosys and Bajaj Finance were among the laggards.

BFSI weight in Nifty 50 rebounds to 3-year high amid sector rotation

BFSI weight in Nifty 50 rebounds to 3-year high amid sector rotation

Rediff.com6 Nov 2025

The banking, financial services and insurance (BFSI) sector has moved back into focus for investors this calendar year, after lagging the broader market for two consecutive years. BFSI stocks have outperformed benchmark indices in 2025 so far, driving a steady rise in the sector's weighting within the Nifty 50 index.

Privatisation of banks unlikely to hurt national interest: FM

Privatisation of banks unlikely to hurt national interest: FM

Rediff.com4 Nov 2025

Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. She said the bank nationalisation done in 1969 has not yielded the desired result as far as financial inclusion was concerned.

Sensex rises 329 pts on rally in pharma, banking shares

Sensex rises 329 pts on rally in pharma, banking shares

Rediff.com10 Oct 2025

Among the Sensex firms, State Bank of India, Maruti Suzuki India, Axis Bank, NTPC, BEL, Adani Ports, Eternal, Sun Pharmaceuticals, Power Grid, ITC, UltraTech Cement, Trent, HCL Technologies, Mahindra & Mahindra, and HDFC Bank were the major gainers. On the other hand, Tata Steel, Tata Consultancy Services, Tech Mahindra, Titan, Bajaj Finserv, Tata Motors, Bharti Airtel and Bajaj Finance were among the laggards.

'2025 could be largest IPO year in Indian history'

'2025 could be largest IPO year in Indian history'

Rediff.com4 Nov 2025

Indian capital markets are witnessing a boom in IPO activity in 2025, with the current calendar year being expected to be the largest IPO year in India's history, according to India heads of foreign banks on Wednesday.

Sensex, Nifty slip amid profit-taking, weak Asian markets

Sensex, Nifty slip amid profit-taking, weak Asian markets

Rediff.com28 Oct 2025

Among Sensex firms, Trent, ICICI Bank, Tech Mahindra, Bajaj Finserv, Mahindra & Mahindra, Power Grid, Tata Consultancy Services and Bajaj Finance were the major laggards. However, Tata Steel, Larsen & Toubro, State Bank of India, Kotak Mahindra Bank were among the major gainers.

SBI to hire 3,500 officers in next 5 months

SBI to hire 3,500 officers in next 5 months

Rediff.com26 Oct 2025

The country's biggest lender, State Bank of India (SBI), plans to hire around 3,500 officers to bolster its operations and enhance service delivery nationwide.

Sensex pares gains; ends up 411 points

Sensex pares gains; ends up 411 points

Rediff.com20 Oct 2025

From the Sensex firms, Reliance Industries climbed 3.52 per cent after the firm on Friday reported a 9.6 per cent year-on-year rise in net profit for the September quarter, driven by strong performance in its consumer-facing retail and telecom businesses and a recovery in its core oil-to-chemicals segment. Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan and Bharti Airtel were also among the gainers. However, ICICI Bank, Mahindra & Mahindra, Eternal, Adani Ports and Power Grid were among the laggards.

'Govt And Banks Want Private Investment To Return In Force'

'Govt And Banks Want Private Investment To Return In Force'

Rediff.com3 Nov 2025

'Corporates now have multiple funding sources beyond banks, and many are sitting on large cash reserves.'

Fraud Spike: SBI Bears the Brunt

Fraud Spike: SBI Bears the Brunt

Rediff.com14 Oct 2025

Card and Internet banking frauds formed 56.5% of all cases in FY25.

At least 2 Indian banks should be in global top 20: PSB chiefs

At least 2 Indian banks should be in global top 20: PSB chiefs

Rediff.com30 Oct 2025

Batting for further consolidation in public sector banking, the executives of top public sector banks (PSBs) said there should be at least two Indian banking entities among the top 20 global banks.

Bank customers can opt for up to four nominees from Nov 1

Bank customers can opt for up to four nominees from Nov 1

Rediff.com23 Oct 2025

Beginning next month, a bank customer can opt for up to four nominees in her or his account with a view to ensure uniformity, and efficiency in claim settlement across the banking system. The key provisions relating to Nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1, 2025, a finance ministry statement said on Thursday.

What are the Most Awaited IPOs of 2026?

What are the Most Awaited IPOs of 2026?

Rediff.com29 Oct 2025

Several companies across sectors like finance, healthcare, wellness, retail technology, and asset management are bracing up to hit the D-street. With an unprecedented 1.7 lakh crore raised in 2025, the momentum is likely to sustain in 2026.